News · 18 April 2026
UK Households Could Get Energy Bill Shield Under New Tax Plan
Photo by Frank Chan on Unsplash
UK household energy bills could see protection as the government aims to raise more funds from a special tax on electricity firms. Rachel Reeves plans to hike the windfall levy, first brought in during 2022, which targets the extra profits of firms making low-carbon electricity. These older projects, built before 2017, currently face a 45% tax rate on electricity sold above £75 per megawatt hour.
Reported by The Guardian · How we write briefs